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Message: Probe's Trading Technicalities

Probe's Trading Technicalities

posted on Oct 18, 2007 04:33AM

It was not surprising to see weakness develope in Probe's stock yesterday from its high at .97. The area of resistance using Fibannoci numbers is .9579. Pushing on the 1.00 area was also suspect. The 1 areas where it be 1, 10, 100 or 1,000 are always tough nuts to crack.

The next downside area for support using a Fibannoci number is .775 which is exactly 50% below Probe's recent run-up high at 1.55.

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